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Khosla Ventures Acquisition Co Iii

10.19
0.00 (0.00%)
Last Update: 18 Apr 2023 16:30:00
Yesterday: 10.19
Day's Range: 10.19 - 10.19
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Khosla Ventures Acquisition Co III is a special purpose acquisition company (SPAC) that was formed by Khosla Ventures, a venture capital firm founded by Vinod Khosla, in 2021. The company raised $400 million in its initial public offering (IPO) in February 2021 with the goal of acquiring a technology company in the energy, transportation, agriculture, or industrial sectors.

As a SPAC, Khosla Ventures Acquisition Co III has a two-year window to find a suitable acquisition target and complete the merger. Once the merger is completed, the acquired company becomes a publicly traded entity without going through the traditional IPO process.

Khosla Ventures Acquisition Co III is led by CEO and Chairman Samir Kaul, who is also a partner at Khosla Ventures. The company's board of directors includes Vinod Khosla, Sunil Dhaliwal, and Beth Seidenberg, who are all partners at Khosla Ventures.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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